Asset Allocation January 2, 2025

Private Markets May See a Brighter 2025

Hopes for more M&A activity could lead to more deals and liquidity.

2025 Investment Outlook

What are institutional investors and prognosticators expecting across, equity, debt and private markets in 2025?

see updates from our news team >

Pensions January 17, 2025

R.B. Pamplin Corp. to Restore $20.6M in Pension Assets, Unwind Illegal Real Estate Investments

The Department of Labor concluded that Pamplin had used assets from its pension plan to acquire the company’s own real estate, exceeding limits under ERISA.

Pensions January 17, 2025

CPP Investments Forms $789M Industrial Real Estate Joint Venture

The partnership with Bridge Industrial will ‘target the acquisition and/or development of modern industrial facilities in supply-constrained markets across the U.S.’

Newsmakers January 16, 2025

Treasury Nominee Bessent Touts Fiscal Discipline in Confirmation Hearing

The former Soros CIO and hedge fund manager discussed tax policy, sanctions and deregulation while answering questions from the Senate Finance Committee Thursday.

Corporate Moves January 16, 2025

Apollo Global Management Bolsters Infrastructure Portfolio

The $733 billion asset manager has signed three infrastructure deals in the first two weeks of 2025, including its recent acquisition of Argo Infrastructure.

 

Pensions January 15, 2025

PBGC Approves $868.6M SFA Grant to Unite Here Retirement Fund

The White Plains, New York-based plan covers 91,744 participants in the hospitality industry.

Asset Allocation January 15, 2025

CDPQ’s Ivanhoé Cambridge Sells 49% of News Corp. Building

The sale is the first major deal since the Québécois pension fund consolidated its real estate units.

Pensions January 15, 2025

Public Pension Funds Remain in ‘Fragile State,’ per Equable Report

For the 17th straight year, public pensions remain below 90% funded.

Asset Allocation January 14, 2025

UCSD Foundation Repeats as Best-Performing University Endowment in Fiscal 2024

Smaller, equity-heavy funds outpaced larger endowments with higher private market allocations during a boom year for artificial intelligence and tech stocks, per NEPC.

Research January 14, 2025

Asset Manager IT Pros Report AI Use Slowed by Internal Resistance, Inadequate Infrastructure

Per a survey by Rackspace Technology, most asset managers plan to move digital data to a private cloud to increase security.

Asset Allocation January 14, 2025

U.S. Corporate Pension Funds Ended 2024 Strong

Aggregate funded status was at 100% for 2024, the first time since before the Global Financial Crisis that pension funds closed the year fully funded or better, per data from WTW.  

Asset Management Culture January 13, 2025

Net Zero Asset Managers Initiative Pauses Activities Following BlackRock Exit

The NZAM suspended activities and removed an online signatory list while reviewing how the organization fits into a ‘new global context.’

Pensions January 13, 2025

PBGC Approves SFA Funds for 3 Multiemployer Pension Funds

Laborers Local No. 265, Teamsters Local 734 and the IUOE Upstate NY Engineers Fund will receive grants totaling almost $250 million under the Special Financial Assistance Program.

Newsmakers January 13, 2025

Kelly Cavagnaro Joins Janus Henderson as Head of North America Institutional

The appointment of Cavagnaro is effective immediately.

Risk January 10, 2025

Private Equity Ownership Degrades Health Care Quality, per Senate Report

A bipartisan Senate Budget Committee found that PE firms prioritized profits over patients.

Manager Selection January 10, 2025

Inaugural Emerging Managers Week to Kick Off in February

The week of conferences is intended to provide a platform and networking opportunities for diverse-owned and emerging management firms.